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Emergency Oil Reserves Fall to Lowest Level Since 1984

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libertybele:
...hmmm interesting  Reagan was president then.

Emergency Oil Reserves Fall to Lowest Level Since 1984

U.S. crude oil stocks in the Strategic Petroleum Reserve fell by 1.6 million barrels in the latest week to 390.5 million barrels, the lowest level since March 1984, the Energy Information Administration said Wednesday.

U.S. East Coast gasoline stocks fell in the period to 47.1 million barrels, the lowest level since November 2012, while refinery utilization in the region rose to 102.9%, the highest on record.

https://www.conservativereview.com/emergency-oil-reserves-fall-to-lowest-level-since-1984-2658773847.html

Texas Yellow Rose:
 9999hair out0000

Weird Tolkienish Figure:
This, could be bad.

Smokin Joe:
"Fall".

Uh, no.

They didn't fall, they were pushed.

Even sold to the Chinese.

Besides, with this Administration's policies, it might be a while before we see $70/bbl oil again, even with the EU talking about Russian oil price caps.

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